Hanwha promotes 10 new executives, citing management stability push

Hanwha Corp. promoted 10 new executives Thursday, the company said.

"This round of appointments is characterized by efforts to solidify a foundation for sound management through enhanced stability and field-centered execution, and is linked to our mid- to long-term business strategy," the company said.

Hanwha Group had earlier carried out a major executive reshuffle on Aug. 1, promoting key management figures and reshuffling the heads of some affiliates. At that time, Kim Dong-kwan was elevated to senior vice chairman of Hanwha Group, Kim Dong-won of Hanwha Life Insurance was promoted to vice chairman, and Kim Dong-sun of Hanwha Vision was promoted to president from executive vice president.

The newly promoted executives are Kang Chang-su, Kwak Won-seok, Moon Ji-yong, Seo Je-young, Woo Jae-hee, Lee Si-hyeon, Lee Yu-ri, Jeong Dong-jin, Choi Woo-seok and Han Sang-beom.